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Texas oil lease

Producing

FAIR OIL, LTD

Fair Oil, LTD is an oil lease in Smith County, Texas, operated by Stroud Petroleum, Inc. in the Chapel Hill (Rodessa) field.

1 well

458bbl oil, last 12 months+7% vs prior year
Operator
Stroud Petroleum, Inc.
County
Smith County
Field
Chapel Hill (Rodessa)
RRC lease
06-10430

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Where it sits

This county

Smith CountySmithVan ZandtGreggUpshurWoodRuskCampRainsHendersonSmith County
Smith County
Oil in Jul 2026
40 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 5 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output rose 7% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output rose 7% over the last 12 monthsMonthly oil production for FAIR OIL, LTD, Aug 2023 to Jul 2026. Oil output rose 7% over the last 12 months. 458 bbl in the 12 months through Jul 2026, against 428 bbl in the 12 months before.Last 12 months: 458 bblbbl per month020406080Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 7% over the last 12 monthsMonthly oil production for FAIR OIL, LTD, Aug 2023 to Jul 2026. Oil output rose 7% over the last 12 months. 458 bbl in the 12 months through Jul 2026, against 428 bbl in the 12 months before.Last 12 monthsbbl per month020406080Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed once, most recently in Nov 2021

Operators of this lease over timeSklar Exploration Company LLC, Jan 2020 to Oct 2021; Stroud Petroleum, Inc., Nov 2021 to Jul 20262020202120222023202420252026Changed Nov 2021Sklar Exploration Company LLCJan 2020 to Oct 2021Stroud Petroleum, Inc.Nov 2021 to now
Operators of this lease over timeSklar Exploration Company LLC, Jan 2020 to Oct 2021; Stroud Petroleum, Inc., Nov 2021 to Jul 20262020202120222023202420252026Changed Nov 2021Sklar Exploration Company LLCJan 2020 to Oct 2021Stroud Petroleum, Inc.Nov 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on FAIR OIL, LTD
API numberWell no.Status
42-423-304411Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers100Sep 1, 2026–
Jge Gas Solutions, LPCasinghead gasBuys100Jul 27, 2021–
Jge Gas Solutions, LPCasinghead gasGathers100Jul 27, 2021–
Plains Marketing, L.p.OilGathers100Oct 1, 2003Sep 1, 2026
American Midstream Gas Sltns, LPCasinghead gasGathers100Jan 1, 2016Jul 27, 2021
American Midstream Gas Sltns, LPCasinghead gasBuys100Jan 1, 2016Jul 27, 2021

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

80 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Fair Oil, LTD
API numberWell no.Acreson the permit
42-423-30441180
42-423-304411 U80

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

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36 months, newest first

Ledger for FAIR OIL, LTD
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Stroud Petroleum,400$80.46$2.89
Jun 2026Stroud Petroleum,440$84.81$3.15
May 2026Stroud Petroleum,400$102.13$2.94
Apr 2026Stroud Petroleum,400$100.32$2.77
Mar 2026Stroud Petroleum,400$91.38$3.04
Feb 2026Stroud Petroleum,40180$64.51$3.62
Jan 2026Stroud Petroleum,360$60.04$7.72
Dec 2025Stroud Petroleum,411$57.97$4.26
Nov 2025Stroud Petroleum,470$60.06$3.79
Oct 2025Stroud Petroleum,13153$60.89$3.19
Sep 2025Stroud Petroleum,350$63.96$2.97
Aug 2025Stroud Petroleum,420$64.86$2.91
Jul 2025Stroud Petroleum,480$68.39$3.20
Jun 2025Stroud Petroleum,37154$68.17$3.02
May 2025Stroud Petroleum,390$62.17$3.12
Apr 2025Stroud Petroleum,330$63.54$3.42
Mar 2025Stroud Petroleum,420$68.24$4.12
Feb 2025Stroud Petroleum,330$71.53$4.19
Jan 2025Stroud Petroleum,680$75.74$4.13
Dec 2024Stroud Petroleum,0185$70.12$3.01
Nov 2024Stroud Petroleum,220$69.95$2.12
Oct 2024Stroud Petroleum,300$71.99$2.20
Sep 2024Stroud Petroleum,33156$70.24$2.28
Aug 2024Stroud Petroleum,430$76.68$1.99
Jul 2024Stroud Petroleum,460$81.80$2.07
Jun 2024Stroud Petroleum,470$79.77$2.54
May 2024Stroud Petroleum,420$80.02$2.12
Apr 2024Stroud Petroleum,480$85.35$1.60
Mar 2024Stroud Petroleum,48163$81.28$1.49
Feb 2024Stroud Petroleum,450$77.25$1.72
Jan 2024Stroud Petroleum,420$74.15$3.18
Dec 2023Stroud Petroleum,51156$71.90$2.52
Nov 2023Stroud Petroleum,400$77.69$2.71
Oct 2023Stroud Petroleum,450$85.64$2.98
Sep 2023Stroud Petroleum,47162$89.43$2.64
Aug 2023Stroud Petroleum,510$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorStroud Petroleum, Inc.FieldChapel Hill (Rodessa)CountySmith County

Stroud Petroleum, Inc. in Smith County

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Chapel Hill (Rodessa) field

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